How much will Selangor pay for PNSB in the buyout?

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Selangor to pay RM2.47 billion for Puncak Niaga Sdn Bhd

The Selangor state government will pay RM2.47 billion to acquire Puncak Niaga Sdn Bhd (PNSB) as part of the state's comprehensive water restructuring initiative. This acquisition is one of three confirmed buyouts among the four water utility concessionaires operating within Selangor, collectively amounting to RM6.57 billion. These agreements are progressing under a memorandum of understanding previously established between the federal and state governments.
Puncak Niaga Sdn Bhd Buyout Cost

The acquisition of Puncak Niaga Sdn Bhd (PNSB) is valued at RM2.47 billion. This figure represents the state government's financial commitment for this specific utility company.
Broader Water Restructuring Exercise

The buyout of PNSB is integrated into a larger state-led effort to restructure Selangor's water services. This initiative aims to consolidate water management under state control, with three out of the four concessionaires having accepted the state's takeover terms.
Total Acquisition Value

In total, the Selangor government has agreed to a combined purchase price of RM6.57 billion for three water utility firms. This aggregate sum reflects the agreed-upon valuations for Syarikat Bekalan Air Selangor Bhd (Syabas), Puncak Niaga Sdn Bhd (PNSB), and Konsortium Abbas Sdn Bhd (ABBAS).
Memorandum of Understanding

The financial terms and the overarching takeover plan are governed by a memorandum of understanding that was finalised in February. This agreement outlines the state's intention to take over the operations of the four water concessionaires previously identified in the state.

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How much will Selangor pay for PNSB in the buyout?

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